A candidate for the Bank of England’s supervisory arm for banks defended on Wednesday his senior role on a bitcoin trading platform, saying it took safeguards against money-laundering very seriously. Antony Jenkins told parliament’s Treasury Select Committee that being on the board of Blockchain is a significant responsibility. The former CEO of Barclays was being grilled by lawmakers about his candidacy for the Prudential Regulation Committee at the BoE, whose governor Andrew Bailey has said bitcoin has little intrinsic value. A lawmaker asked Jenkins whether it was appropriate that Blockchain was hyping up ... (full story)